ProShares UltraShort Health Care (RXD) Performance

NYSE Arca: RXDTotal returns, calendar years, drawdowns and risk since 2007.

RXD total return

Distributions reinvested · as of Oct 23, 2026
YTD
−26.3%
since Dec 31, 2025
1 year
−34.5%
total return
5 years
−10.9%
a year
10 years
−22.2%
a year
Since first price
−23.3%
a year since 2007

RXD trailing returns vs SPY, QQQ, AGG

RXD trailing returns
PeriodRXD total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−11.4%−11.4%−1.0%−5.0%+0.9%
3 months−19.7%−20.4%+3.2%+1.9%−0.4%
6 months−34.5%−35.6%+7.8%+8.4%−1.5%
YTD−26.3%−27.6%+12.3%+15.1%−1.0%
1 year−34.5%−36.1%+14.4%+15.9%−1.1%
3 years−46.8%−19.0%/yr−52.1%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years−43.9%−10.9%/yr−50.9%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
10 years−91.8%−22.2%/yr−93.0%+315.9%+15.3%/yr+538.9%+20.4%/yr+14.0%+1.3%/yr
15 years−99.0%−26.4%/yr−99.1%+696.0%+14.8%/yr+1,299.3%+19.2%/yr+32.2%+1.9%/yr
Since inceptionFeb 1, 2007−99.5%−23.3%/yr−99.6%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: RXD vs SPY

RXDS&P 500 (SPY)

From Feb 1, 2007: RXD grew to $54, SPY to $75,332.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

RXD returns by calendar year

RXDSPY

4 of 18 full years positive. Best 2008 (+32.8%), worst 2013 (−53.6%). 2026 is year to date.

RXD annual returns table

RXD calendar-year returns
YearRXDLargest dropSPYQQQAGG
2026YTD−26.3%−39.3%+12.3%+15.1%−1.0%
2025−21.7%−33.7%+17.7%+20.8%+7.2%
2024+4.8%−20.2%+24.9%+25.6%+1.3%
2023+3.3%−17.9%+26.2%+54.9%+5.7%
2022+1.2%−29.3%−18.2%−32.6%−13.0%
2021−37.8%−40.5%+28.7%+27.4%−1.8%
2020−44.3%−65.1%+18.3%+48.6%+7.5%
2019−32.4%−37.4%+31.2%+39.0%+8.5%
2018−14.3%−32.3%−4.6%−0.1%+0.1%
2017−35.2%−35.7%+21.7%+32.7%+3.6%
2016−2.0%−32.6%+12.0%+7.1%+2.4%
2015−21.7%−25.8%+1.2%+9.4%+0.5%
2014−41.7%−45.7%+13.5%+19.2%+6.0%
2013−53.6%−51.6%+32.3%+36.6%−2.0%
2012−31.8%−35.7%+16.0%+18.1%+3.8%
2011−29.7%−32.5%+1.9%+3.4%+7.7%
2010−15.6%−27.4%+15.1%+19.9%+6.4%
2009−40.6%−58.6%+26.4%+54.7%+3.0%
2008+32.8%−32.8%−36.8%−41.7%+7.9%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

RXD largest drawdowns

Now 99.7% below the high
RXD largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Nov 20, 2008−99.7%Oct 22, 2026not yet17.9 years17.9 years so far
Oct 10, 2008−27.3%Nov 4, 2008Nov 20, 200825 days41 days
Mar 17, 2008−20.7%Aug 15, 2008Oct 6, 20085 months7 months
Aug 16, 2007−17.5%Dec 7, 2007Jan 25, 20084 months5 months
Mar 15, 2007−16.7%May 8, 2007Aug 16, 200754 days5 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

RXD risk statistics

RXD risk statistics
Statistic3 years5 years10 yearsSince 2007
Annualized return−14.8%−9.9%−20.7%−23.2%
Volatility (annualized)27.9%29.1%28.9%28.1%
Sharpe ratio-0.59-0.34-0.73-0.84
Sortino ratio-0.80-0.46-0.91-1.04
Best month+18.7%+18.7%+18.9%+24.9%
Worst month−15.9%−16.5%−25.1%−25.1%
Best 12 months+32.9%+32.9%+32.9%+67.4%
Worst 12 months−36.1%−36.1%−54.1%−54.9%
Positive months42%47%42%37%
Beta vs S&P 500-0.89-1.09-1.21—
Correlation with S&P 500-0.40-0.59-0.64—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

RXD rolling returns

RXD rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year225−54.9%−22.9%+67.4%17%
3-year (a year)201−44.6%−26.2%+3.7%1%
5-year (a year)177−40.4%−27.3%−6.7%0%
10-year (a year)117−33.5%−28.6%−16.8%0%

Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.

RXD performance overview

ProShares UltraShort Health Care (RXD) returned −34.5% over the past year and −22.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned −23.3% a year, turning $10,000 into about $54. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −99.7%, from Nov 20, 2008 to Oct 22, 2026; the fund has not yet regained that high. RXD finished 4 of its 18 full calendar years with a gain; the best year was 2008 (+32.8%) and the worst 2013 (−53.6%). Volatility has been 28.1% a year.

Related: RXD chart, RXD dividends. See the RXD overview for the latest quote and fund facts.

RXD performance FAQ

What is the RXD return over the past year?

RXD returned −34.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 36.1%.

What is the average annual return of RXD?

RXD has returned −10.9% a year over 5 years, −22.2% a year over 10 years, −23.3% a year since February 1, 2007 (total return, distributions reinvested).

How much would $10,000 invested in RXD be worth?

$10,000 invested in RXD at its first recorded close on February 1, 2007 would be worth about $54 on October 23, 2026 with distributions reinvested.

What was the worst year for RXD?

The worst calendar year was 2013, with a total return of −53.6%. The best was 2008 at +32.8%.

What is the biggest drawdown of RXD?

The largest peak-to-trough decline was −99.7% between November 20, 2008 and October 22, 2026. It has not yet recovered to that high; it is 99.7% below its peak.

How volatile is RXD?

Over the past 3 years RXD had an annualized volatility of 27.9% and a Sharpe ratio of -0.59 (excess return over 1–3 month T-bills per unit of risk).